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The market has currently reached its current state, with ETH oscillating between a high of 2975 and a low of 2900. However, from the current 1-4 hour trend, in conjunction with the Fibonacci retracement, it is basically still trending downwards. Set the stop loss for the short order a little above 2960, not too much, as it may not reach that level. The take profit is around 2892-2850, and for ultra-short orders, it can only be around 2910.
Bitcoin has always been relatively strong, with strong support at 116600 below. If it breaks that, there will be a space of 3000 points below; otherwise, it will still be a grind. But personally, I believe it will break, it's just a matter of time.
Take it one order at a time, don’t look too far ahead; the market direction can change at any moment. Those who stubbornly focus on 2300 or 4000 will learn from the market.
For reference only.
After thinking for a long time, let's start trading well with a 50u principal, one order at a time, don't get emotional. There's nothing that can't be overcome, otherwise, I can only go back to the factory and lie flat at home.
Brothers, let's go, thank you for your companionship.